The stores cover 2,500 square meters each but the buyer will also have to acquire the plots of land, so that the transaction would range between EUR5-10 million, according to market data.
Approximately 20 bids have been submitted so far by food and DIY retailers, as well as real estate developers. The decision will be made in about a month and will be based on the best price.
Rewe decided to close the eight XXL Mega Discount stores in Romania at the end of 2016 after their results were below expectations. Six of these units will become Penny Market units and two others will be sold.